Tagged: united kingdom

November 8, 2016 @ 3:05 pm By Samantha Hurst  |  

Soldo, a London-based fintech startup, has announced plans to launch a multi-user spending account that’ll be directed towards families and businesses. The multi-user spending account was created as a way to control of where funds are going. Such examples include giving children money and paying… Read More

November 8, 2016 @ 7:51 am By JD Alois  |  

In their second installmant of “Where They Are Now?”, alternative finance research firm AltFi has published an update on the status of crowdfunded companies since 2011. According to AltFi’s report; “A high proportion of crowdfunded companies remain active – 73.60% of the capital raised in… Read More

November 8, 2016 @ 7:37 am By JD Alois  |  

Investment crowdfunding platform Crowdcube has called on the industry to create a common set of rules and principles to measure platform performance and the returns generated by crowdfunded companies. The statement comes on the heals of a report by AltFi on the status of companies… Read More

November 7, 2016 @ 9:09 am By Samantha Hurst  |  

PrimaryBid, a UK-based online platform that provides private investors the opportunity to create their own placings on their own terms, announced on Monday it made some service important to make it easier for AIM companies to issues shares.  New users of PrimaryBid are now able to gain… Read More

November 5, 2016 @ 11:34 am By Samantha Hurst  |  

Pedals London, an on-demand bicycle delivery service, has recently launched an equity crowdfunding campaign on Crowdcube to raise £90,000. The company, which was launched earlier this year, stated it provides eco-conscious companies and individuals with a green, hassle-free, and affordable option for delivering goods. Sharing more details… Read More

November 4, 2016 @ 9:09 am By Samantha Hurst  |  

Collider, an accelerator that is dedicated to marketing and advertising technology startups, recently secured its initial £680,000 funding target during its third equity crowdfunding campaign on Seedrs. The accelerator is currently nearing£725,000 thanks to more than 175 investors. As previously reported, Collider was founded in… Read More

November 3, 2016 @ 1:17 pm By Samantha Hurst  |  

Wealthify, the online investment service, has officially exceeded its target to raise £1 million through the crowd with a week still left of its equity crowdfunding campaign on Seedrs.  Last month, Wealthify launched an equity crowdfunding round on Seedrs to raise £1 million and revealed that more… Read More

November 3, 2016 @ 11:18 am By Samantha Hurst  |  

Less than one week after launching its equity crowdfunding campaign on Crowdcube, craft brewer Innis & Gunn has successfully secured its £1 million funding target from more than 600 investors. As previously reported, Innis & Gunn was founded in 2003 and claimed to be the second-largest craft brewer in… Read More

November 3, 2016 @ 10:02 am By Samantha Hurst  |  

UK-based creative technology and visual content agency, Happy Finish has launched an equity crowdfunding campaign on Crowdcube to raise  £395,000 for a 4.45% equity stake in the firm.  Pre-money valuation was pegged at just under £8.5 million. The company, which was founded in 2004 by Stuart Waplington,… Read More

November 2, 2016 @ 1:48 pm By Samantha Hurst  |  

Mush, a new smartphone app that’s dedicated to just moms, launched an equity crowdfunding campaign on Crowdcube to raise £650,000. The app notably enables moms to build a community of other moms with children the same age. Launched this past spring by founders Katie Massie-Taylor and Sarah… Read More

November 2, 2016 @ 12:04 pm By Jessica Pham  |  

Former Barclays CEO Antony Jenkins launched yesterday a fintech startup called 10x Future Technologies. The startup’s mission statement is “10x exist to create a new banking ecology — one that is more diverse, open and fair.” Partnering with Virgin Money to build a new digital banking platform,… Read More

November 2, 2016 @ 9:42 am By Samantha Hurst  |  

Less than one week after launching its equity crowdfunding campaign on Seedrs, SuperCarers, has successfully secured its initial £500,000 from more than 100 investors. The online care platform, which curates a personal matchmaking service where families can find vetted, reliable and compassionate carers for loved ones, is seeking the… Read More

November 2, 2016 @ 7:14 am By JD Alois  |  

Crowd for Angels has partnered with Paysafe as its payment processing provider. Paysafe’s global payment processing capabilities and regulated acquiring business met Crowd for Angels’ requirements for managing money on the move quickly and securely. This collaboration marks the first payment partnership by Paysafe in the… Read More

November 1, 2016 @ 8:47 pm By JD Alois  |  

A group of prominent Fintech firms met with City Minister, Simon Kirby, to discuss how early success in financial innovation could be maintained.  HM Treasury recognizes that London has garnered global accolades for its robust entrepreneurial environment that has created multiple disruptive Fintech firms. The… Read More

November 1, 2016 @ 6:24 pm By Samantha Hurst  |  

Marketplace lender Funding Circle reportedly lent out more just a little over £95 million for the month of October and broke the UK’s monthly origination volume record. AltFi revealed that according to its data, Funding Circle has officially lent more than £1.6 billion for over… Read More

November 1, 2016 @ 6:06 pm By JD Alois  |  

As part of their Q3 review, VPC Specialty Lending Investments (LSE:VSL) announced it was shifting away from purchasing whole loans to balance sheet investments in the online lending sector.  VPC said continued softness in certain whole loans in their portfolio were offset by a one… Read More

November 1, 2016 @ 10:03 am By Samantha Hurst  |  

This week, craft brewer Innis & Gunn announced the launch of its AdventureCapital campaign on equity crowdfunding platform Crowdcube. Edinburgh-based company is currently seeking £1 million to open four additional Beer Kitchens and increase capacity at its brewery. Founded in 2003, Innis & Gunn claimed… Read More

November 1, 2016 @ 9:41 am By JD Alois  |  

UK research firm Beauhurst is out with their Q3 report on equity investment  in non-listed UK firms. The authoris state that equity funding rounds continues to fall delivering three consecutive quarters of decline. According to the Deal report, there are three different reasons for the… Read More

November 1, 2016 @ 9:13 am By JD Alois  |  

As expected, the HM Treasury has announced that big banks must now pass on the details of SMEs rejected for loans to three finance platforms: Funding Xchange, Funding Options and Business Finance Compared. These three platforms will then disseminate the information to alternative finance providers… Read More

November 1, 2016 @ 8:48 am By JD Alois  |  

Manchester based Racefields has launched a free peer to peer loan finder designed to aid businesses in their search for an appropriate loan. Racefields states that unlike other loan comparison sites which only point businesses in the general direction of lenders, Racefields will actually apply… Read More